A-Team Group’s Insight on Interactive Data’s Array of Potential Suitors
Last week we broke the news that Interactive Data Corporation is contemplating the “strategic alternatives” for its future, including a potential merger or acquisition by a suitable marriage partner or investors. Reference Data Review explores the host of potential candidates likely to buy a majority stake in the number three data vendor and how they might...
Fincad and SAS Discuss New Partnership for Enterprise Risk Management and Valuations
Fincad has got fully into the swing of the current vendor partnership trend; not only has the derivatives analytics vendor teamed up with interdealer broker Icap for a valuations solution, it has also recently formed an alliance with SAS for a new joint enterprise risk management and independent valuation offering. David Rogers, SAS global product...
Fitch Solutions Poaches CMA’s Vitale to Boost its US Partnership Efforts
Fixed income products and services vendor Fitch Solutions has added a new member to its management team in a bid to boost its standing in the US markets in the form of ex-Credit Market Analysis (CMA) global head of sales Peter Vitale. Vitale joins as Fitch Solutions’ new head of third party distribution and partnerships...
StatPro Adds Two More New Hires to European Team, Both From FactSet
Following a bout of hiring last year, portfolio analytics and data solutions vendor StatPro has started 2010 by adding yet more members to its European team. The vendor has poached two members from data and analytics rival FactSet Research Systems to join European sales director Tim Dennis’ team: Robert Campbell and Christopher Ruby. StatPro has...
Quantifi’s Douglas Talks up Version 9.3 of its Pricing and Risk Analysis Offering
Pricing and risk analytics solution vendor Quantifi is bargaining on a “regulatory tsunami” this year to spur on spending in the OTC derivatives valuations data and risk management sector, according to CEO Rohan Douglas. In order to keep pace with the changes, the vendor has upgraded its flagship pricing, hedging and risk analysis solution by...
Hungary’s OTP Bank Deploys SuperDerivatives’ Revaluation Service to Improve Hedging and Transparency
OTP Bank, the biggest commercial bank in Hungary, has selected SuperDerivatives (SD), the derivatives benchmark, to provide market-accurate revaluations for its varied derivatives portfolio. Krisztian Kovacs, head of middle office department at OTP Bank, comments: “We needed a reliable, independent view of the value of the broad range of vanilla and complex FX and interest...
Weekend Talks in Basel Spur on Risk and Data Agenda for 2010
As predicted by A-Team Group last week, the weekend’s discussions in Basel between central bankers, regulators and a number of representatives from the private sector helped to kick off the risk management agenda for 2010. The group discussed the proposals enshrined in the Basel Committee on Banking Supervision’s (BCBS) published in December and indicated that...
FSB Releases Reform Agenda for 2010, Liquidity Risk and Accounting Standards Feature Heavily
Last year saw the transformation and empowerment of the Financial Services Board (FSB) to lead and monitor regulatory coordination across Europe. This year, the regulatory body has a significant list of tasks ahead of it to effectively put this function into practice, including coordinating the implementation of improvements to accounting standards and raising capital and...
Numerix Releases New Versions of CrossAsset and Portfolio, Scores Client Win with Northern Trust
Following a spate of client wins at the end of last year, valuations and risk analytics solution vendor Numerix has added another to the list in the form of custodian and fund administrator Northern Trust. The bank has enhanced its platform for processing OTC derivatives via its strategic partnership with Numerix to provide daily independent...
Pricing Partners Releases New Tools for ABS Valuation
Pricing Partners announced today the release of several new tools for ABS valuation. This announcement comes during a crucial time when the demand for independent valuation on ABS and similar non-liquid products is very strong. The recent crisis in the credit markets has called for independent valuation and analysis on ABS, MBS and similar products....